Bailout bill provides financial help for bikers

With gas prices high, many commuters have downgraded from four wheels to two and started riding bikes to work. To help these commuters, Congress passed the Bicycle Commuter Act, which will make bikers eligible for a $20-a-month tax-free reimbursement from their employers for bicycle-related expenses beginning in January.

The League of American Bicyclists say they have been pushing for this legislation for about seven years. Now, the organization is obtaining guidance from the IRS about how employers can set up this type of program.

Many cities throughout California already offer perks to bicycle commuters. The League of American Bicyclists hopes to see more wheeled out soon.

Source: Sustainable Business